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The World Trade Organization (WTO) is calling the trade war unleashed by President Trump a “crisis” and is warning things could get worse if “the situation deteriorates.” WTO economists on ...
On April 14, the WTO released its Global Trade Outlook 2025 report and the main projections were negative. The WTO projected the amount of goods traded in 2025 would decline by 0.2 percent.
WTO Director-General Ngozi Okonjo-Iweala warned that trade policy uncertainty is further weighing on projected trade growth this year. WTO Director-General Ngozi Okonjo-Iweala warned Tuesday that ...
The Geneva-based WTO expects the volume of world merchandise trade to decline by 0.2% in 2025 — almost three percentage points lower than it would have been without the U.S.-led trade war ...
The WTO said it expected trade in goods to fall by 0.2% this year, down from its expectation in October of 3.0% expansion. It said its new estimate was based on measures in place at the start of ...
The WTO projects global economies will grow more slowly than they would without tariffs — and that will be especially the case in North America, a region dominated by the United States ...
China condemned tariffs launched or threatened by U.S. President Donald Trump at a WTO meeting on Tuesday. Washington dismissed China's comments as hypocritical. Trump has announced sweeping 10% ...